Shares of LTIMindtree witnessed a decline of nearly 3% following the resignation of Pankaj Chugh and Gregory Dietrich as Executive Vice Presidents of Global Sales, effective from April 15.
As of 10:30 am, the shares were trading 2.39% lower at ₹4,700.00 on the National Stock Exchange (NSE).
An exchange filing disclosed the resignation of the senior management personnel, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The filing stated that Mr. Pankaj Chugh and Mr. Gregory Dietrich have resigned from their positions with the company.
LTIMindtree Limited, headquartered in Mumbai, is an Indian multinational information technology services and consulting company. Established in 1996, it operates as a subsidiary of Larsen & Toubro and boasts a workforce of over 82,000 individuals. Recognized as one of the leading Big Tech firms, LTIMindtree Limited offers a wide range of IT services and consultancy solutions.
